The head of a small California solar-panel maker asking Washington to investigate whether Asian competitors are evading U.S. tariffs says industry claims that a mere probe could freeze investments is fearmongering. “If nothing has been done wrong, there’s nothing to be afraid of,” Auxin Solar Inc. Chief Executive Officer Mamun Rashid said in his first […]
Solar Firm Array Technologies Agrees to Buy Spain’s STI Norland – EQ Mag Pro
U.S. solar equipment manufacturer Array Technologies Inc. agreed to buy Spanish firm Soluciones Tecnicas Integrales Norland S.L. for about 570 million euros ($652 million) in cash and stock to accelerate an international expansion…Read More… Source : bloombergquint
Top Solar Firm Longi Says U.S Customs Detained Products – EQ Mag Pro
China’s Longi Green Energy Technology Co., the world’s largest solar-panel maker, is the latest in the industry to have shipments detained by U.S. customs as part of a crackdown by Washington over alleged human rights abuses in the Xinjiang region. Longi had 40.31 megawatts of modules detained from Oct. 28 through Nov. 3, representing 1.6% […]
Mumbai-Based Solar Firm Installs 100-KW Rooftop Solar Plant At a Housing Society
The project is expected to have a payback period of three years New Delhi : Oorjan, a distributed solar company, on Tuesday said it has installed a 100-kilowatt rooftop solar plant at a housing society in Mumbai.The installation was done across the high-rise towers consisting of more than 230 solar panels installed over 7,500 square […]
US Solar Firm Plans $300 Mn Investment in India-Business Journal
Bill Gates’ Breakthrough Energy Ventures-backed 1366 Technologies plans to invest $300 million to set up a 2-gigawatt (GW) solar wafer and cell manufacturing facility in India under the government’s production-linked incentive (PLI) scheme, said chief executive and founder Frank van Mierlo. The US-based firm is in talks for an Indian partner, who will handle the […]
American funds pump Sh500m into solar firm d. Light
Kenya’s solar provider d. Light has secured a Sh500 million financing from a consortium of three US organisations to develop off-grid solar energy in the country. The equity is part of a Sh10 billion loan guarantee facility offered by the Overseas Private Investment Corporation, the Ford Foundation and Citi Inclusive Finance. d. Light said the […]
